Identify a key difference between managerial decisions and operational decisions.
A)Managerial decisions concern the allocation of resources, whereas operational decisions concern day-to-day activities.
B)Managerial decisions are corporate decisions, whereas operational decisions concern the utilization of resources.
C)Managerial decisions deal with the allocation of resources, whereas operational decisions concern broad-scope, organizational issues.
D)Operational decisions have broad scope, whereas the scope of managerial decisions is limited to day-to-day activities.

Question

Quizplus · Accepted Answer

Managerial decisions involve high-level strategic planning and concern the allocation of resources, such as budgeting and staffing, while operational decisions concern day-to-day activities and the utilization of resources to ensure the efficient functioning of the organization.

Identify a Key Difference Between Managerial Decisions and Operational Decisions